{"id":535650,"date":"2025-12-31T13:30:56","date_gmt":"2025-12-31T13:30:56","guid":{"rendered":"https:\/\/www.crypto-news-flash.com\/?p=1272656"},"modified":"2025-12-31T13:30:56","modified_gmt":"2025-12-31T13:30:56","slug":"russia-moves-to-criminalize-illegal-crypto-mining-with-new-draft-laws","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2025\/12\/31\/russia-moves-to-criminalize-illegal-crypto-mining-with-new-draft-laws\/","title":{"rendered":"Russia Moves to Criminalize Illegal Crypto Mining with New Draft Laws"},"content":{"rendered":"<div class=\"eth-editorial-banner\"> <img decoding=\"async\" class=\"eth-editorial-logo\" src=\"https:\/\/www.crypto-news-flash.com\/wp-content\/uploads\/2025\/11\/cnf2-scaled-1-1-1.png\" alt=\"Crypto News Flash\"> <span class=\"eth-editorial-text\">All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.<\/span> <\/div>\n<ul>\n<li><strong>Russia is moving ahead with its crypto mining initiatives and is working simultaneously to work on illegal operations.<\/strong><\/li>\n<li><strong>Authorities are preparing to regulate crypto trading on major stock exchanges by July 2026.<\/strong><\/li>\n<\/ul>\n<hr>\n<p>In the latest development, the Russian Ministry of Justice has proposed bringing criminal penalties for illegal crypto mining activities. These fines could include cash penalties of 1.5 million rubles, forced labour, and even five year prison term in extreme cases. The latest proposal comes just as the Asian country <a href=\"https:\/\/www.crypto-news-flash.com\/russia-bitcoin-mining-strengthen-ruble\/\" target=\"_blank\" rel=\"noopener\">moves ahead with supporting<\/a> Bitcoin mining operations.<\/p>\n<h2>Russia Takes Charge of Illegal Crypto Mining<\/h2>\n<p>Russia\u2019s regulatory portal shows the amendments to the Criminal Code and Criminal Procedure Code. As per the proposal, the changes include adding a new rule, Article 171.6, dubbed \u201cIllegal mining of digital currency and activities of a mining infrastructure operator.\u201d<\/p>\n<p>Under the <a href=\"https:\/\/www.interfax.ru\/russia\/1065757\" target=\"_blank\" rel=\"noopener\">draft<\/a>, individuals conducting digital currency mining without being listed in the official registry could face fines of up to 1.5 million rubles, compulsory labor of up to 480 hours, or forced labor for up to two years. Criminal charges would apply if the activity caused significant damage to citizens, organizations, or the state, or generated large-scale income, defined as more than 3.5 million rubles.<\/p>\n<p>However, the scale of penalties will increase for those committed by an organized group. Those groups that cause large-scale damage worth 13.5 million rubles or more would face even greater penalties. The draft mentions penalties in the range of 500,000 to 2.5 million rubles, forced labor for up to five years, or imprisonment for up to five years. This could come on top of additional fines included.<\/p>\n<h3>The Changing Crypto Landscape<\/h3>\n<p>Russia\u2019s crypto landscape is taking a major shift with a greater push for Bitcoin mining. Earlier this month, Russian President Vladimir Putin said that they are in discussions with the United States over the joint management of the <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Zaporizhzhia Nuclear Power Plant. As per the <a href=\"https:\/\/www.crypto-news-flash.com\/russia-us-nuclear-plant-bitcoin-mining\/\" target=\"_blank\" rel=\"noopener\">reports<\/a>, the talks include the potential use of the facility\u2019s electricity output to support <a href=\"https:\/\/www.crypto-news-flash.com\/what-is-bitcoin-btc-history-and-beginner-guide\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> mining operations.<\/span><\/span><\/p>\n<p>Furthermore, as cryptocurrencies continue to gain mainstream traction, regulators are also preparing with their rules and laws. Russia\u2019s major stock exchanges are moving toward the launch of regulated cryptocurrency trading after the <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Central Bank of Russia<\/span><\/span> unveiled a new digital asset <a href=\"https:\/\/www.crypto-news-flash.com\/russian-exchanges-plan-crypto-trading\/\" target=\"_blank\" rel=\"noopener\">policy framework<\/a>. The proposed regime will replace the current legal structure and will come into force by July 1, 2026. This happens only after the approval by federal authorities and the national parliament.<\/p>\n<p>Furthermore, Russia\u2019s Sberbank <a href=\"https:\/\/www.crypto-news-flash.com\/sberbank-issues-first-crypto-backed-loan\/\" target=\"_blank\" rel=\"noopener\">is working to offer<\/a> the country\u2019s first crypto-backed loan. The borrower is <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Intelion Data<\/span><\/span>, one of Russia\u2019s largest Bitcoin mining operators. Sberbank did not disclose the size of the loan.<\/p>\n<p> <a href=\"https:\/\/www.crypto-news-flash.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Russia is moving ahead with its crypto mining initiatives and is working simultaneously to work on illegal operations. Authorities are preparing to regulate crypto trading on major stock exchanges by July 2026. In the latest development, the Russian Ministry of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":535651,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[81,25,472,4776],"class_list":{"0":"post-535650","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-other","8":"tag-crypto-mining","9":"tag-news","10":"tag-russia","11":"tag-sberbank"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/535650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=535650"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/535650\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/535651"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=535650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=535650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=535650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}